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Nikkei, the Japanese media Power school | by tonynetone
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Nikkei, the Japanese media Power school

Pearson: Deal to Sell Financial Times to Nikkei in $1.3 Billion Pearson has agreed majority assets

 

 

PSON.L chart Financial Times prestigious news organizations in the world

 

 

Pearson in 1844 as a building and engineering concern operating in Yorkshire under the name of S. Pearson & Son

 

 

During the 1990s, Pearson acquired a number of TV production and broadcasting assets (including former ITV franchisee Thames Television)

 

 

Pearson acquired the education division of HarperCollins in 1996 from News Corporation and Simon & Schuster in 1998 from Viacom and merged it with its own education unit, Addison-Wesley Longman to form Pearson Education

 

 

In September 2000, Pearson acquired National Computer Systems (NCS)

 

 

In 2002, Pearson sold its 22% stake in RTL Group

 

 

Cash trans: In May 2012 Pearson announced its acquisition of GlobalEnglish Corporation, a Silicon Valley.

 

 

In July 2014, Pearson announced it had cut 4,000 jobs, representing 10%

 

 

Pearson announced on 23 July 2015 that it had agreed to sell the FT Group, which includes business daily Financial Times, to Japanese media group Nikkei for £844 million, or $1.32 billion.

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Taken on July 23, 2015